Taylor Morrison |
|
|---|---|
| 2017 Performance Final Grade: 70.95/1002016 Final Grade: 85.2/100 | B-/A+ |
| Change YoY | ||
|---|---|---|
| Net debt-to-capital | 21.6% | -910bps |
| Pretax home building income (in millions) | $328.2 | 14.6% |
| Total SG&A/Total revenue | 10% | -- |
| Total SG&A(in millions) | $390.4 | 7.9% |
| Return on invested capital | 2.5% | 100bps |
| Return on equity | 8.5% | -130bps |
| Total shareholder return | 26.1% | -- |
| EPS | $1.47 | -13% |
| Change YoY | ||
|---|---|---|
| Community count | 297 | -12 |
| Share of lots optioned to total controlled | 31.4% | 16.7% |
| Change YoY | ||
|---|---|---|
| Home building gross margins | 18.6% | -10bps |
| Sales per month to break even (per community) |
1.21 | -- |
| Revenue per employee (in millions) |
$2.2 | 9.4% |
| Change YoY | ||
|---|---|---|
| Closings | 8,032 | 9% |
| Sales velocity (per community per month) |
2.4 | 16.4% |
| Unit backlog | 3,496 | 11.7% |
| Total revenue (in millions):$3,885 |
| HB revenue (in millions): $3,799 |
| Debt per share: $22.22 |
| Equity per basic share: $25.72 |
| HB pretax margin: 8.6% |
| Backlog value (in millions): $1,702.1 |
| Inventory (in millions):$2,959.2 |
| Lot supply (in years): 4.7 |
Taylor Morrison (NYSE: TMHC) is one of the publics with divisions that weathered the hurricanes, which led CEO Sheryl Palmer to comment, “Instead of allowing these challenges to limit us, we turned them into opportunities that ultimately defined our year. Despite the challenges presented by hurricanes Harvey and Irma in the third quarter, our impacted markets rebounded much quicker than initially thought on the active production units, and other areas of the company overperformed.”